Trading is for making money. ET is for financial entertainment. Often not even financial :)
IMO if you can't invest time in reading a book, you're spending FAR too much time trading. Trading per se shouldn't take up much of your time at...
Are you suggesting there are posters on ET that can't afford $25 for a book?
Greed is neither good nor bad - it's an emotion. Greed combined with hard work and perception will make you richer. Greed combined with stupidity...
I think one can categorically state that the most successful 5% of traders are orders of magnitude richer than the top 5% of doctors. When...
Any chance you Yanks could change your constitution to prohibit annual deficits? That would help all of us long term. From what I heard a good...
You may as well get her to actually DO the trading..
You may have noticed that "Liars' Poker" is still in print and selling well. It's the best advert for JM & Co. LTCM? Come on, that was sooo...
Why not continue with the job and invest your money with someone else? The chances of you (or any new trader) outperforming one of the top...
Well, trendfollowing itself hasn't changed much in the last 6 months, I can assure you! So maybe that might hold your interest for a bit longer....
Girlfriend? Just make sure she's a model. It's actually a legal statute in the US and UK that traders are only allowed to date models. If you...
One of the smartest trades you may ever make is to let a better trader than you manage your capital for you. Another upside to this is that your...
TZ - all trendfollowing systems are 100% technical, and plenty have made big money year in year out for the past couple of decades.
A system should be able to adjust dynamically for vol/vola and thus work equally well, long term, on data from any period.
You need to BACKTEST your strategy over a large amount of historical data. Then tell us if you like the results or not. There is no discussion...
I have made this point several times on other ET threads but see no harm in repeating here. Most people totally fail to grasp it. If a strategy...
The banks also lent heavily to funds to finance all those subprime carry trades. And did plently themselves :)
For most people, being able to fulfill their dreams leads to a sense of satisfaction - 'happiness', if you like. If your dreams cost money then...
I'm assuming that almost everyone on this thread thinks high frequency trading is better than long term trend following. This may well make sense...
Here's an interesting strategy, and I'm curious to know what you all think: Examine stock prices over the last 100 years (or some similarly...
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